Stock Market & Financial Investment News

Vivendi board meets to find end of SFR offer dispute, Bloomberg saysVivendi will hold a supervisory board meeting as it comes closer to a decision over the sale of its French phone unit SFR to either Altice or Bouygues, reported Bloomberg. Reference Link

Vivendi reports FY14 revenue EUR 10.1B, adjusted EBITDA EUR 999MReports FY14 adjusted net income EUR 626M. Looking to FY15, the Group expects a slight growth in revenues fueled by the development of UMG streaming and Canal+ Group’s international activities. The income from operations margin should be close to that of 2014. Vivendi also expects a increase in its adjusted net income of approximately 10% mainly thanks to lower restructuring charges and interest expense.